Question
Download Solution PDFWhich of the following sectors produces manufactured goods?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Secondary Sector.
Key Points
- The Secondary Sector, also known as the industrial sector, is responsible for producing manufactured goods by processing raw materials obtained from the Primary Sector.
- This sector includes industries such as automobiles, textiles, electronics, steel production, and construction.
- It transforms raw materials like minerals, timber, and agricultural products into finished goods or semi-finished products.
- The activities in this sector contribute significantly to economic development and employment generation.
- Examples of secondary sector processes include manufacturing, refining, and assembly.
Additional Information
- Primary Sector:
- This sector involves the extraction of natural resources such as farming, fishing, mining, and forestry.
- It provides raw materials to the Secondary Sector for further processing.
- It is considered the backbone of economies dependent on agriculture and natural resource exploitation.
- Tertiary Sector:
- The Tertiary Sector is focused on services such as education, healthcare, retail, and entertainment.
- It does not produce goods but facilitates the distribution and consumption of goods produced by other sectors.
- Quaternary Sector:
- This sector is associated with knowledge-based activities, including research and development, IT services, and consultancy.
- It plays a critical role in innovation and technological advancement.
- Importance of Secondary Sector:
- It helps in value addition to raw materials, increasing their economic worth.
- It contributes to industrialization, leading to urbanization and infrastructure development.
Last updated on Jul 4, 2025
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